How to pay yourself

How to pay yourself

So, you’ve taken the jump into self-employment. You’ve won your first client and done the work. Now how do you get paid? Quite simply, you must issue an invoice to your customer and provide with them with the means of making a payment. What an invoice must contain...
What to consider when appointing an accountant

What to consider when appointing an accountant

Appointing an accountant is a huge decision when starting your business, you are putting your business finance in the hands of somebody that (in a lot of cases) you know nothing about. Here we consider some things to look for when researching an accountant: Are they a...
What is the future of accounting?

What is the future of accounting?

The accounting profession has recently started to undergo a major shift. The ‘traditional’ desktop hosted accounting packages, spreadsheets and paper-based record keeping are swiftly moving towards cloud based systems. Accounting looks to follow many other industries...
The Autumn Budget 2018

The Autumn Budget 2018

The Chancellor of the Exchequer, Phillip Hammond, announced the 2018 Autumn Budget this week, his last before the UK’s scheduled departure from the European Union on 29th March next year. We have summarised the key tax announcements for small business owners. Income...
Limited Company vs Umbrella

Limited Company vs Umbrella

  If you are a freelancer or agency worker, regularly working on short-term contracts, often you will not be able to engage directly with the end client (as a sole trader) and so will be required to work through a separate entity such as a Limited Company or an...